Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026)

Mirum Pharmaceuticals (MIRM) recorded quarterly Research & Development of $97.9 million in Q1 2026, up 91.58% quarter-over-quarter from $51.1 million in Q4 2025, and up 138.55% on a YoY basis from $41.0 million in Q1 2025.

Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026) Analysis & Trends

Mirum Pharmaceuticals' Research & Development history runs 8 years deep, the most recent figure standing at $97.9 million for Q1 2026.

  • In Q1 2026, Research & Development rose 138.55% year-over-year to $97.9 million; the TTM figure through Mar 2026 stood at $238.0 million (up 59.28% YoY), while the FY2025 annual figure was $186.2 million, up 32.39% from the prior year.
  • Research & Development was $97.9 million for Q1 2026 at Mirum Pharmaceuticals, up from $51.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $97.9 million in Q1 2026 to a low of $22.0 million in Q2 2023.
  • Historically, Research & Development has averaged $37.0 million across 5 years, with a median of $31.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Research & Development plunged 36.83% in 2022, then soared 138.55% in 2026.
  • A 5-year view of Research & Development shows it stood at $31.1 million in 2022, then dropped by 0.55% to $30.9 million in 2023, then soared by 42.32% to $44.0 million in 2024, then grew by 16.08% to $51.1 million in 2025, then soared by 91.58% to $97.9 million in 2026.
  • The last three Research & Development figures came in at $97.9 million (Q1 2026), $51.1 million (Q4 2025), and $43.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Mirum Pharmaceuticals 6.29 Bn 5.90 Bn 131.08 Mn 97.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 97.91 Mn
Dec 31, 2025 51.11 Mn
Sep 30, 2025 42.96 Mn
Jun 30, 2025 46.07 Mn
Mar 31, 2025 41.04 Mn
Dec 31, 2024 44.03 Mn
Sep 30, 2024 31.71 Mn
Jun 30, 2024 32.67 Mn
Mar 31, 2024 32.22 Mn
Dec 31, 2023 30.94 Mn
Sep 30, 2023 26.12 Mn
Jun 30, 2023 22.01 Mn
Mar 31, 2023 23.55 Mn
Dec 31, 2022 31.11 Mn
Sep 30, 2022 26.22 Mn
Jun 30, 2022 25.43 Mn
Mar 31, 2022 24.09 Mn
Dec 31, 2021 27.78 Mn
Sep 30, 2021 30.47 Mn
Jun 30, 2021 35.05 Mn